(Reuters) -Warren Buffett, 94, announced on Saturday he will step down as chief executive of Berkshire Hathaway (NYSE:BRKa) at the end of 2025, and hand over the reins to Vice Chairman Greg Abel. Here are reactions: Brian Moynihan, CEO at Bank of America: "Warren Buffett has achieved unparalleled success over a seven-decade-plus career. Beyond his business success, his unprecedented philanthropic ...
(Reuters) -Jaguar Land Rover has restarted shipments of vehicles to the United States after pausing them in the face of U.S. President Donald Trump’s tariffs, London’s Times newspaper reported on Saturday. The first shipments of JLR vehicles bound for the U.S. for almost a month left Britain on Wednesday, the report said. A JLR spokesperson said in an emailed statement that the U.S. is a key m ...
By Jonathan Stempel and Suzanne McGee OMAHA, Nebraska (Reuters) -Warren Buffett is ending his career as perhaps the world’s most famous and revered investor, saying he will step down as chief executive of Berkshire Hathaway (NYSE:BRKa) at the end of 2025, and hand over the reins to Vice Chairman Greg Abel. The move caps an era for Berkshire after Buffett’s extraordinary 60 years at the helm, w ...
Investing.com -- The U.S.-China race for artificial intelligence (AI) leadership is accelerating, with new restrictions, market bifurcation, and national champions reshaping the global semiconductor landscape.In a recent discussion hosted by BofA Securities, Gregory C. Allen, Director at the Wadhwani AI Center at CSIS, warned that China’s AI development has reached a point where "China AI is now ...